Further Details
The ability of a company to achieve its strategic goals for growth depends on recruiting and retaining the right employees – and this means paying close attention to how they are rewarded and the benefits they receive.
For real improvement, it is necessary to look at the total reward process which incorporates pay structures, employee benefits, performance management, financial and non-financial rewards, employee development and job evaluation. A total reward strategy provides an integrated approach to reward management – in which the different elements are mutually support and together lead to improved performance.
This practical workshop will lead you through an 8-step audit approach to ensure that your company can attract, retain and motivate the quality of people it needs to achieve its business goals. It also demonstrates how an effective total reward strategy can support and encourage organisational and cultural change.
Outline of the Workshop
The importance of a total reward strategy
The 8-step audit approach and setting the background for your audit
Set aims for your reward strategy in terms of performance, culture and change
Link total reward strategy to HR and the business
Does your existing system help or hinder the achievement of business goals?
Planning decisions and implementation – costs and benefits, risks and contingencies
Measure effectiveness against success criteria
Benefits of attending – you will learn practical tools to:
Analyse current reward systems
Identify the issues which need to be addressed in developing policies and improving practices
Design and implement a total reward strategy
Understand the wider role that a reward strategy can play in underpinning the overall strategy and direction of your business
Who should attend?
Anyone with organisation-wide responsibility for employee performance, loyalty and retention.
When: 30th April
Workshop leader Sharon Young, Pearlcatchers Ltd.
Guide price
£435 |
